The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-04-15

dent. says that soon the track and equip
ments are in good condition, their train service
which is now quite deficient, will be put on
footing with that of other roads.
The Chicago & Indiana Coal Railroad Com
pany have had control of the Chicago q Eastern
Illinois road but two weeks, and already COM
plant is made that to many points on their
lines rates have been advanced 81 per cent
w. j. Lewis. the new secretary and treasurer
of the Evansville & Terre Haute and the Peoria,
Decatur q Evansville roads, yesterday assumed
the duties of the position, r. A. Bunker, the
retiring official. checking the books, money,
vouchers, etc, over to him.
'If we had our rebates back" remarked a
ain-handler. yesterday, 1.-THE new rates would
place US at no disadvantage. All the money l
have made in the five years | have been in bust
ness at Indianapolis was the rebates the roads
gave me to secure business"
All lines doing west-bou business Yesterday
met the cut made on sugar rates by the Peunsyl-
vania on Wednesday, and it is believed that
coffees will be shipped in less than carload lots
at the same rate that coffees in carload lots.
The belief gains favor that this is the entering
wedge to west bound rate war.
In the month of March there were 1672 car
loads Of block coal shipped north, mostly to Chi
cago, over the lines out of Brazil, while there
were but $50 shipped to Indianapolis. The be-
lief prevails that the coal operators are making
mistake IN neglecting the Indiana market to
ship to northern markets so extensively.
IHEty udfS ago Ln6 new SCOck OF the u. l.,
St L. 81 i. was placed on the market, holders
of the old stock having the privilege to take i.
at 60 cents on the dollar. The stock was nearly
all taken by the holders of the old stock. and
now the new stock is selling at 92c, with pros
poets that it will 60 to par within the next thirty
DAYS.
Judge Cooley, who has been West for few
days settling up affairs in connection with his re-
ceiversh ;p Of the Wabash road, returned yester-
day, to Washington, D. G. His report to Judge
Gresham. which covers the period between JAM
l and April 4. shows the total receipts to have
been 81, 1911 945 81 disbursements, 81 $50 661 81;
leaving balance of Sill. 283. 30 on hand.
The paymaster of the Lake Erie & Western
road was in the city yesterday and paid the en-
poyes for thirteen days service for the Indian
apolis, Peru & Chicago road and three days
service for the L. E. & w. On the 2Sth of this
month the pavmaster of the Wabash will pay
the employees for their service in the first half of
March, when the road was operated by the
Wabash management.
Under the rulings of the trunk lines and the
Central Traffic Association theatrical troupes be-
side being granted no favors in transportation
of their members, are obliged to pay some 80
per cent more on excess baggage. Monday last
the Wilson q Rankin minstrel troupe paid $54
more excess charges ON the baggage they brought
from Pjqua to Indianapolis than they would
have been obliged to under the ole rates.
Richardson & Evans yesterday had orders for
-four from New England and from Southern
ready to name a rate to interior points in New
England or to points south of Louisville. AS it
| is quite difficult to get wheat into this market
under the present Generalization in rates, this
| firm concluded to shut down their mil. until
| such time the freight agents able to name
| rates to the points they may wish to ship
| Monday next the Indianapolis Rolling mill
| Company expect to manufacture the first rail in
| their steel mill. Manager Morgan had
| hoped to get started at railmaking Yesterday
| morning. At the last moment on "Wednesday
| night, it was found that some slight changes had
to be made in the machinery. The company
! have orders hand to keep them busy 70,
some time, and several railroad managers have
expressed desire TO place orders with then
| when they are ready to receive them.
The general freight agents of several Indian
apolis roads are preparing special classification
to cover coal, stone, brick logs, slaves. bolts
and other heavy rough articles which com,
under the sixth class. the rates on which are S,
excessive that it is not practical to ship by them
| On several articles the rate has already beer
suspended-on block coal, for instance Thu
comes under the sixth class, and, if adhered to
the rate from the Clay county mines would b.
40 per ton. The old rate Go cents and i
still adhered to by both the Vandalia and tn
| Indianapolis g. st. Louis.